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bill clinton, you don't have to agree with bill clinton but if anybody knows the game of politics, the only way to get something done is shut the door, while the media shrieking that things are done in secret. let me tell you, the toughest part of leadership is be in a room for exhaustion period of time. and saying guys, will you shut up when you leigh here, because i think we are getting close. out the door they go an then suddenly there is a light from a television camera. and then two or three of those guys just like a giant moth just go over to it. what went on in there? well, i had to leig leave becaue they were falking about a tax increase. god bless him. the other guy said i had to leigh because they talk about doing something with precious entitlements. thank god you did. it's b.s. and vagary and tragic. >> bret: what do you think will happen? you know the deal here. you know what is going on. what do you think is going to happen? >> guest: i hope i don't see anything more like statement of leadership on both sides that say i think if we go over the fiscal cliff it will help th
bill clinton, you don't have to agree with bill clinton but if anybody knows the game of politics, the only way to get something done is shut the door, while the media shrieking that things are done in secret. let me tell you, the toughest part of leadership is be in a room for exhaustion period of time. and saying guys, will you shut up when you leigh here, because i think we are getting close. out the door they go an then suddenly there is a light from a television camera. and then two or...
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Dec 6, 2012
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hillary clinton. a new abc news/washington post poll say they would back hillary clinton. it's helpful no one has run a campaign against clinton for the past four years and also helping her numbers is 68% approve of the job she's done as secretary of state for this country. >>> welcome back to "hardball." we know now that mitt romney blames his loss on obama's gifts. i should put the quote marks around that. the much maligned 47% came out in force. last night paul ryan distanced himself from his running mate's remarks. take a look. >> both parties tend to divide americans into our voters and their voters. let's be really clear. republicans must steer far clear of that trap. we must speak to aspirations and anxieties of every american. >> you know, it's hardly a month and he's gone already. what a running mate. he ran away from his mate. the problem for republicans in 2012 is that romney failed to speak to those aspirations and anxieties just mentioned. in a much read analysis david winstin argues romney lashed him to george w. bush. the bottom line is romney could not coun
hillary clinton. a new abc news/washington post poll say they would back hillary clinton. it's helpful no one has run a campaign against clinton for the past four years and also helping her numbers is 68% approve of the job she's done as secretary of state for this country. >>> welcome back to "hardball." we know now that mitt romney blames his loss on obama's gifts. i should put the quote marks around that. the much maligned 47% came out in force. last night paul ryan...
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Dec 8, 2012
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what was so bad about the 39.6% highest rate under bill clinton? the economy was pretty good under bill clinton and that grumbling from democrats, i think, will be helpful to, ironically, republicans because a lot of republicans on the right are going to be saying to boehner, we had pledged to grover norquist no tax increase at all and here you are agreeing to what is effectively a tax increase. and i think that both sides are going to have to give a little bit of something, and that 37% may be the golden median. >> doug, let's talk about the unemployment report that came out today. it shows 7.7% unemployment. you know, i know a lot of democrats want to say, oh, it's dropping, but it seems to me for months and months and months, the unemployment numbers have just remained awful. they move a little up and down, but they're just a mess. 12 million people unemployed. it seems to me that that could cut either way. republicans could still lean on that and say, you may be winning the pr war on this thing right now, but don't forget, you've got a big prob
what was so bad about the 39.6% highest rate under bill clinton? the economy was pretty good under bill clinton and that grumbling from democrats, i think, will be helpful to, ironically, republicans because a lot of republicans on the right are going to be saying to boehner, we had pledged to grover norquist no tax increase at all and here you are agreeing to what is effectively a tax increase. and i think that both sides are going to have to give a little bit of something, and that 37% may be...
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they impeached bill clinton but made a deal. they made a deal that was nor the right of where most democrats are. this president has a unique opportunity to make a deal for more towards his left. remember dick cheney said to -- speaking of sequels. remember when dick cheney said you got the high approval ratings you can spend them on the iraq war. republicans what they want is the president to spend some of his popularity and put out unpopular ideas for cuts. democrats don't have an incentive to do that. >> big news. stand by. my thanks. in need to pass along this breaking news from across the pond. we're just learning that prince william and kate middleton are expecting. this is news from clarence house. they will be having their first baby. nbc news is working further to confirm this but the rest of the royal family has said to be excited by this news. she was admitted to the hospital this afternoon because of morning sickness. she's pebted to stay in the hospital for a few days. the panel can all agree -- >> republicans and d
they impeached bill clinton but made a deal. they made a deal that was nor the right of where most democrats are. this president has a unique opportunity to make a deal for more towards his left. remember dick cheney said to -- speaking of sequels. remember when dick cheney said you got the high approval ratings you can spend them on the iraq war. republicans what they want is the president to spend some of his popularity and put out unpopular ideas for cuts. democrats don't have an incentive...
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hillary clinton. a new abc news/washington post poll say they would back hillary clinton. it's helpful no one has run a ç campaign against clinton for the past four years and also helping her numbers is 68% approve of the job she's done as secretary of state for this country. ♪ [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues she's not happy about. so i introduced jill to crest pro-health for life. selected for people over 50. pro-health for life is a toothpaste that defends against tender, inflamed gums, sensitivity and weak enamel. conditions people over 50 experience. crest pro-health for life. so jill can keep living the good life. crest. life opens up when you do. progresso. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. ♪ you make me happy [ female announcer ] choose the same brand your mom trusted for you. children's tylenol, the #1 brand of pain and
hillary clinton. a new abc news/washington post poll say they would back hillary clinton. it's helpful no one has run a ç campaign against clinton for the past four years and also helping her numbers is 68% approve of the job she's done as secretary of state for this country. ♪ [ male announcer ] jill and her mouth have lived a great life. but she has some dental issues she's not happy about. so i introduced jill to crest pro-health for life. selected for people over 50. pro-health for life...
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Dec 4, 2012
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bill clinton along with others says if there's a movie made about hillary clinton, meryl streep should get the part. >>> next, secretary who? at a u.n. event to benefit people with disabilities, john mccain took on the rumors of who will be the next secretary of state after an introduction from john kerry. >> senator mccain. >> thank you very much, mr. secretary. >> kerry stepped up again after mccain but refused to bite on that one. >> thank you very much, mr. president. this is what happens when you get two losers up here, folks. >> that was a good line. kerry has been careful to stay clear of the public speculation about whom the president will actually pick to replace hillary clinton. >>> also, arizona governor jan brewer, she's a heavyweight, in a comment about global warming. she doesn't think it's manmade, but her own explanation for climate change is rather lacking. here is what she told a local reporter. >> everybody has an opinion on it, you know, and i probably don't believe it's manmade. i believe that, you know, weather and certain elements are controlled maybe by differen
bill clinton along with others says if there's a movie made about hillary clinton, meryl streep should get the part. >>> next, secretary who? at a u.n. event to benefit people with disabilities, john mccain took on the rumors of who will be the next secretary of state after an introduction from john kerry. >> senator mccain. >> thank you very much, mr. secretary. >> kerry stepped up again after mccain but refused to bite on that one. >> thank you very much, mr....
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i'm not saying they'd do every detail. >> so was gingrich and clinton. >> and clinton and gingrich evolved into that kind of relationship. and i must say the president has done a poor job. he did a poor job last year and he's done a poor job this year. two days after the election, boehner came up with a tax revenue plan. very controversial in his party. he said, let's cap deductions and loopholes and leave the race alone because that help growth. that was $800 billion. it shocked a lot of republicans. and he got nothing. he got, you know, nothing from obama. and i think that started the bad blood. and i think the president -- >> good point. they both got to learn the art of negotiation. >> we haven't heard from democrats in the senate. i'm going to guarantee you that the democrats in the senate are going to be split on this business of who's rich and what the right tax rates are going to be. >> i have to leave it there, chaps. nick, larry, thank you both much, indeed. >>> coming up next, kerry kennedy joins me about fame, politics and most important of all, taylor swift. like a lot of thin
i'm not saying they'd do every detail. >> so was gingrich and clinton. >> and clinton and gingrich evolved into that kind of relationship. and i must say the president has done a poor job. he did a poor job last year and he's done a poor job this year. two days after the election, boehner came up with a tax revenue plan. very controversial in his party. he said, let's cap deductions and loopholes and leave the race alone because that help growth. that was $800 billion. it shocked a...
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this offer more bipartisan credibility, speaker boehner said the plan is based on a proposal by former clinton chief of staff erskine bowles. bowles said he was flattered by the use of his name but satsz the proposal, quote -- so far, this greek fiscal drama has yet failed to return. the larger question for america, the play ends in tragedy on december 31st. joining me now from washington, is the president for -- president of americans for tax reform, conservative counter broker and the man who does not believe in unicorns, pink or otherwise, mr. grover norquist. grover, what a day to have you on the show. thanks for joining us. >> absolutely. of course, you know, north korea and -- media announced they did find unicorns in north korea. >> we don't often take our cues from them. i am one that firmly believes in the existence of unicorns somewhere and hopefully maybe in this fiscal cliff deal. grover, the first question i have for you is this, your pledge, the pledge that many republicans have signed on to, opposes any and all efforts to increase marginal income tax rates and opposes any net re
this offer more bipartisan credibility, speaker boehner said the plan is based on a proposal by former clinton chief of staff erskine bowles. bowles said he was flattered by the use of his name but satsz the proposal, quote -- so far, this greek fiscal drama has yet failed to return. the larger question for america, the play ends in tragedy on december 31st. joining me now from washington, is the president for -- president of americans for tax reform, conservative counter broker and the man who...
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i mean,if their competitor in '16 is going to be hillary clinton, supported by bill clinton and presumably a still relatively popular president barack obama, trying to win that will be truly the super bowl. and the republican party today is incapable of competing at that level. and it's part of this cultural thing with our consultants. you start out thinking giving away 47% of the country, by the way, which included retirees, veterans. you know, it was an absurdity. and i think this is much more than mitt romney. we didn't blow it because of mitt romney. we blew it because of a party which has refused to engage the reality of american life and refused to take -- to think through what the average american needs for a better future. >> but recall what you said about 1964. in december 1964, lyndon johnson was re-elected. goldwater was finished. it was the end of the republican party. and at the end, the republicans nominated a man named richard nixon. and he became president. unthinkable. >> so you can have a tcampaign between hillary clinton and jeb bush, representing 36 years of bushes on n
i mean,if their competitor in '16 is going to be hillary clinton, supported by bill clinton and presumably a still relatively popular president barack obama, trying to win that will be truly the super bowl. and the republican party today is incapable of competing at that level. and it's part of this cultural thing with our consultants. you start out thinking giving away 47% of the country, by the way, which included retirees, veterans. you know, it was an absurdity. and i think this is much...
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it's former president bill clinton. he's nominated for his book "back to work." my colleague and friend, rachel maddow was nominated for her book "drift." incredible. but i'm disappointed. there's some serious snubs this year. i mean, how did this fellow performer not make the list. ♪ >> that deserved something. and mitt romney's tough year just got tougher. look at this snub. ♪ o beautiful for spacious skies for amber waves of grain ♪ ♪ for purple mountains majesty, above the fruited plain ♪ >> and perhaps the biggest snub of all, not justin bieber. i'm talking about this one. ♪ i am so in love with you >> and he's at it again tonight. after lighting the national christmas tree, he had some
it's former president bill clinton. he's nominated for his book "back to work." my colleague and friend, rachel maddow was nominated for her book "drift." incredible. but i'm disappointed. there's some serious snubs this year. i mean, how did this fellow performer not make the list. ♪ >> that deserved something. and mitt romney's tough year just got tougher. look at this snub. ♪ o beautiful for spacious skies for amber waves of grain ♪ ♪ for purple mountains...
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hillary clinton. aç new abc news/washington pos poll say they would back hillary clinton. it's helpful no one has run a campaign against clinton for the past four years and also helping her numbers is 68% approve of theon she's done as secretary of state for this country. i'm done! "are you a cool mom?" i'm gonna find out. [ female announcer ] swiffer wetjet's pads are better than ever. now they have the scrubbing power of mr. clean magic eraser so you don't have to get down on your hands and knees to scrub away tough, dried-on stains. hey, do you guys think i'm "momtacular" or "momtrocious"? ♪ [ female announcer ] swiffer. now with the scrubbing power of mr. clean magic eraser. >>> welcome back to "hardball." we know now that mitt romney blames his loss on obama's gifts. i should put the quote marks around that. the much maligned 47% came out in force. last night paul ryan distanced himself from his running mate's remarks. take a look. >> both parties tend to divide americans into our voters and their voters. let's be really clear. republicans must steer far clear of th
hillary clinton. aç new abc news/washington pos poll say they would back hillary clinton. it's helpful no one has run a campaign against clinton for the past four years and also helping her numbers is 68% approve of theon she's done as secretary of state for this country. i'm done! "are you a cool mom?" i'm gonna find out. [ female announcer ] swiffer wetjet's pads are better than ever. now they have the scrubbing power of mr. clean magic eraser so you don't have to get down on your...
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we're proposing to let the rates go back to clinton levels. that would be a good thing to do as a sensible economic policy, and we want to combine that with tax reforms that will limit deductions. there's no surprise in this. we have been proposing this for a very long time. the president campaigned on it and i think that's where we're going to end up. and i think that's there going to be very broad support from the business community and from the american people for an agreement with roughly that shape. >> when you talked about limiting the deductions there have been proposals from governor romney during the presidential campaign, and from other republicans, when you talk about those limitations on deductions, do you include the charitable deduction and the home mortgage deduction? >> i think you're right to point out the essential problem in this, which is, if you try to limit deductions with a $25,000 cap, what you do is you end up hitting millions and millions -- actually 17 million americans -- a huge part of the revenue comes from that b
we're proposing to let the rates go back to clinton levels. that would be a good thing to do as a sensible economic policy, and we want to combine that with tax reforms that will limit deductions. there's no surprise in this. we have been proposing this for a very long time. the president campaigned on it and i think that's where we're going to end up. and i think that's there going to be very broad support from the business community and from the american people for an agreement with roughly...
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in fact from kennedy to reagan to clinton to w. bush lower tax rates frequently increased tax revenues, particularly at the upper end of the income stream. so here now to discuss this we have cnbc contributor keith boykin a former clinton white house aide and forbes media chairman steve forbes author of freedom manifesto, why free markets are moral and big government is not. love that. hey steve and keith. keith boykin i'll give you a little supply side. you'll hate this. this couples from the irs. the irs is going to use the bush cut, the dreaded bush tax cuts. the richest 1% paid $84 billion inflation adjusted dollars more between 2000 and 2007. that's a rise of 23%. in other words, their tax rates went down. and their tax revenues went up. now, isn't mr. obama making a mistake? >> well, the rich are paying more in taxes because the rich are disproportionately receiving most of the income in this country. the reality, larry, is that in my lifetime we've actually only raised income tax rates three times. once in 1969 to pay for th
in fact from kennedy to reagan to clinton to w. bush lower tax rates frequently increased tax revenues, particularly at the upper end of the income stream. so here now to discuss this we have cnbc contributor keith boykin a former clinton white house aide and forbes media chairman steve forbes author of freedom manifesto, why free markets are moral and big government is not. love that. hey steve and keith. keith boykin i'll give you a little supply side. you'll hate this. this couples from the...
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"meet the press." >> if their competitor in '16 is going to be hillary clinton, supported by bill clinton and presumably a still relatively popular president barack obama, trying to win that will be truly the super bowl, and the republican party today is incapable of competing at that level. >> incapable of competing at that level. what a statement. hillary clinton isn't saying anything right now about her plans. "the new york times" reported over the weekend that aides and friends say they expect she'll exit the state department shortly after the inauguration this january 20th and spend a couple months resting and thinking about what she wants to do next. i think that makes sense. and we'll be right back. ♪ [ male announcer ] with a select terrain dial that adjusts the jeep grand cherokee's performance for specific weather and road conditions... ♪ ...even heavy snowstorms... won't keep you from getting to work. our apologies. ♪ >>> welcome back to "hardball." when the governor of a major state switches political parties, it's very big news. it's last time this happened in a big sta
"meet the press." >> if their competitor in '16 is going to be hillary clinton, supported by bill clinton and presumably a still relatively popular president barack obama, trying to win that will be truly the super bowl, and the republican party today is incapable of competing at that level. >> incapable of competing at that level. what a statement. hillary clinton isn't saying anything right now about her plans. "the new york times" reported over the weekend...
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so, hillary clinton i am for. i think it is really hard for a lot of presidents because the number one thing is to keep our ego out of it. i strongly support hillary clinton. i am very strong for education. i know that her being a democrat, i know that she would support obamacare and continue to support it and would not damage it in anyway. being a person who is impaired, i really appreciate that. host: last month there was a tribute, a video tribute, to hillary clinton. [video clip] >> she has put that all together in the pinnacle up until now in her public service which has in deer herd to millions and millions of people all over the world then the. ♪ >> she has been a splendid representative of the united states. >> she is doing it [indiscernible] ♪ >> in the end, it is not about being a good politician. it is about being a human being. >> we have always pushed human potential and promise forward. if you vbet on the side of human rights, human dignity, more countries may have the same extraordinary good for
so, hillary clinton i am for. i think it is really hard for a lot of presidents because the number one thing is to keep our ego out of it. i strongly support hillary clinton. i am very strong for education. i know that her being a democrat, i know that she would support obamacare and continue to support it and would not damage it in anyway. being a person who is impaired, i really appreciate that. host: last month there was a tribute, a video tribute, to hillary clinton. [video clip] >>...
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secretary of state hillary clinton is expected to testify this week in open congressional hearings on that attack. >>> and egypt's military is warning of disastrous consequences if the political crisis in that country is not resolved. president mohamed morsi is pushing for a solution. but major groups are protesting. protesters have stormed the palace there. >>> and the other winner of that record powerball jackpot has now claimed his prize. arizona lottery officials announcing that the winner has chosen to remain anonymous. but they did say he took the cash option of 192 million bucks. he's married, in his 30s. whoever he is, we know he is not this guy, who was seen in a store in maryland, acting like he was celebrating. he claimed or believed or was faking was the winning ticket. >>> and quite a haul for u.s. customs this week. federal officers seized nearly 36,000 rubber ducks. they were made in china. the ducks, which are decorated for the holidays contain high levels of a chemical that may be unsafe for children. >>> and finally, the story about one mother who couldn't quite make
secretary of state hillary clinton is expected to testify this week in open congressional hearings on that attack. >>> and egypt's military is warning of disastrous consequences if the political crisis in that country is not resolved. president mohamed morsi is pushing for a solution. but major groups are protesting. protesters have stormed the palace there. >>> and the other winner of that record powerball jackpot has now claimed his prize. arizona lottery officials...
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. >> they did that the day after sitting down with with secretary of state hillary clinton. >> he clearly, morsi clearly felt emboldened to take that step. what president obama in six telephone conversation with president morsi before the cease-fire, as you said secretary of state there in egypt. whether there was a wink and a nod or body language, we don't know but morsi took it he would have a free hand and i believe that's why he acted. >> we'll see what happens this saturday, the clock it ticking. six days to go. embassador john bolton, always good to see you. >> thank you. >> the fighting in syria's spilling into neighboring lebanon. take a listen here. you can hear the gunshots. the rocket-propelled grenades and more tar fire are in the streets. supporters of bashar al-assad exchanging gunfire. more than a dozen people have been killed, more than 60 wounded. >> as unrest in other parts of the world, europe, in spain, a developing conflict over medical workers. they're taking to the streets to protest budgets cuts and plans to privatize hospitals in spain. thousands of demonstrators
. >> they did that the day after sitting down with with secretary of state hillary clinton. >> he clearly, morsi clearly felt emboldened to take that step. what president obama in six telephone conversation with president morsi before the cease-fire, as you said secretary of state there in egypt. whether there was a wink and a nod or body language, we don't know but morsi took it he would have a free hand and i believe that's why he acted. >> we'll see what happens this...
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a return to that, what we saw during the clinton years. what will that do to the economy? >> it will hurt, but it is necessary. let me make a few points. first, i think tax reform is obviously better than raising tax rates. raising the top marginal tax rate is less desirable than try to scale back reductions in the tax code. i think there are some reasonable approaches to tax reform. working for the day, going to -- i wish were king for the day, going through the code to decide what is good and what is bad. given that is not going to be the case, i think a proposal like maya's or even the president's is reasonable, and there is a lot of agreement for tax reform. $800 billion fromth the republicans. i think it is $600 billion from the president. i think there is room here for compromise. the second that i will say is that this tax reform will not generate enough revenue. $4 trillion. by my calculation, we do not need $4 trillion, but it is a bigger number than just tax reform will be able to generate, so in that context, we will have to let tax rates rise, and if we had to
a return to that, what we saw during the clinton years. what will that do to the economy? >> it will hurt, but it is necessary. let me make a few points. first, i think tax reform is obviously better than raising tax rates. raising the top marginal tax rate is less desirable than try to scale back reductions in the tax code. i think there are some reasonable approaches to tax reform. working for the day, going to -- i wish were king for the day, going through the code to decide what is...
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clinton will likely sign on to work with her husband at the clinton foundation for a while and could possibly write a book about her time as secretary of state. >>> speaking of political contenders, there could be a bruising and very entertaining battle just around the corner in new jersey. newark mayor cory booker says he will decide in the next two weeks whether he plans or not plans to challenge governor chris christie next year. >> i am absolutely considering running for governor as well as giving other options some consideration. >> if you decide not to run for governor, is there any chance you might run for another office, say senate, for example? >> yeah, i'm actually looking at that a lot as well and trying to give back because life ultimately is not about a position it's about a purpose. my purpose that i try to focus on every single day is how can i make a difference in the world around me and the community around me. i'm really thinking about both offices right now and which one can i better serve on the issues that i'm passionate about and the things i feel driven to cont
clinton will likely sign on to work with her husband at the clinton foundation for a while and could possibly write a book about her time as secretary of state. >>> speaking of political contenders, there could be a bruising and very entertaining battle just around the corner in new jersey. newark mayor cory booker says he will decide in the next two weeks whether he plans or not plans to challenge governor chris christie next year. >> i am absolutely considering running for...
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instead of going up to 39.6, which was the top rate that clinton set, it's down to 35 now. they move to 37, and republicans are a critical number of republicans in the house are able to say, well we didn't give if all the way. we got the best deal we could and held them to 37%. from the democrats' standpoint after fighting it for a decade, do you think it's good enough to get to 37%? >> normally that's where a compromise is. whenever you legislate numbers and tax rates are always just the legislation of numbers, the place to compromise actually is on what that number is. now, there are two numbers that the obama side, the democrats want to change. there are two top rates. the 33 and the 35. under the obama plan, the 33 would go to 36, the 35 would go to 39.6. you know, if you're trying to negotiate a compromise, you can start to play with each one of those numbers and try to find something. the huge problem for the republicans on doing that is they're opposed to any kind of tax increase on principle. so it's very hard for them to go into the negotiations that way and say, w
instead of going up to 39.6, which was the top rate that clinton set, it's down to 35 now. they move to 37, and republicans are a critical number of republicans in the house are able to say, well we didn't give if all the way. we got the best deal we could and held them to 37%. from the democrats' standpoint after fighting it for a decade, do you think it's good enough to get to 37%? >> normally that's where a compromise is. whenever you legislate numbers and tax rates are always just the...
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we are proposing to let the rates go back to clinton levels. that was a time of remarkably good economic growth in the country. strong private investment, strong job growth and strong growth in next. it was a good time for the american economy. makes a lot of sense. but in addition to that we propose to limit deductions for the top two percent of americans as well. we are willing to work with republicans on tax reform to create a more simple and fair system but only part of an agreement that has the rates go back up at the end of the year. >> 39.6%? >> and the reason eye why -- >> i understand the reason why. >> if you don't do that, you have to ask yourself where, whose taxes are you going to raise? where are you going to fine the money to bring a balanced plan in place that reduces our long-term deficit? >> how does that go for the economy if we go over the cliff? >> the american economy? >> yes. >> it would be very damaging. there's no reason it should happen. the only reason it would happen is if a group of members of congress decide they a
we are proposing to let the rates go back to clinton levels. that was a time of remarkably good economic growth in the country. strong private investment, strong job growth and strong growth in next. it was a good time for the american economy. makes a lot of sense. but in addition to that we propose to limit deductions for the top two percent of americans as well. we are willing to work with republicans on tax reform to create a more simple and fair system but only part of an agreement that...
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Dec 2, 2012
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clinton 4% growth. more than 4% and reagan chose to that. that buoyed public sentiment that helped their approval ratings throughout enormous revenues that they could use. if obama gets a recession in the second term after the slow growth of the first term, he's dead in the water. he can't afford that. >> yes, but ball there's a whole economic school, we call it keynesian, which says that when the economy is slow and not growing, government has to step in and play the role of the engine of growth, by spending money. this is something that the democrats believe in religiously, and they think that the only way to get the economy growing again is to spend a lot of money from the government. that's where the problem comes in. >> all right. when we come back. as he prepares for a second term. president obama faces the prospect of assembling a whole new national security team. a closer look who could fill the top post and a preview of the controversies to come next. and we can save you 10% on ground shipping over the ups store. look this isn't my
clinton 4% growth. more than 4% and reagan chose to that. that buoyed public sentiment that helped their approval ratings throughout enormous revenues that they could use. if obama gets a recession in the second term after the slow growth of the first term, he's dead in the water. he can't afford that. >> yes, but ball there's a whole economic school, we call it keynesian, which says that when the economy is slow and not growing, government has to step in and play the role of the engine...
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i don't think that raising -- putting the tax rates back to the clinton level -- clinton era level is going to harm the economy. but if you could not raise taxes and you could make it up another way, i do think that's the better way to go. and, you know, i think the president is now appealing a little bit to the base on insisting on it has to be the tax rates, when he should be open to -- and maybe he will be -- this could just be a negotiating tactic, he should be open to the idea of closing loopholes eliminating deductions and making up the revenue in another way. stuart: i was right. >> you're very sensitive to drifting. stuart: i have never been described as sensitive before, but i do appreciate the compliment. i hope you will come again. will you? >> absolutely. >> stuart: thank you very much. we appreciate it. >> thank you. stuart: the california teachers union has sunk, and i'm going to say to a new low. a cartoon video about taxes and the rich, and it shows a rich person urinating on poor people. more on that next with mike reagan. stuart: president obama will not budge on rai
i don't think that raising -- putting the tax rates back to the clinton level -- clinton era level is going to harm the economy. but if you could not raise taxes and you could make it up another way, i do think that's the better way to go. and, you know, i think the president is now appealing a little bit to the base on insisting on it has to be the tax rates, when he should be open to -- and maybe he will be -- this could just be a negotiating tactic, he should be open to the idea of closing...
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Dec 5, 2012
12/12
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the obvious, and that is if you're going to get revenues from the top 2%, we've got to go back to the clinton tax rates. down the road, maybe make adjustments, but right now hang in there. >> i think that is exactly right. certainly last year in the fiscal deficit negotiations, we were upset when he caved in the end of the day. this time he is sticking with it drawing the line in the sand. they are saying capital and income from capital should be taxed the same way we tax earned income. that is a fundamental in equity in our tax code. >> that's right. this country in its economy he has done well when we've had policies that have promoted middle class expansion. this is good for capital. franklin roosevelt for all of understanding, he said if you don't have a middle class that works, you won't have an economy for the rich. there's a narrow mindedness that i've got mine and i want more and i'm take it from you if that's what it takes. american economic policy works best when it's building a middle class. >> you go back to henry ford, who is no legal tarian at heart. he said if my workers can't
the obvious, and that is if you're going to get revenues from the top 2%, we've got to go back to the clinton tax rates. down the road, maybe make adjustments, but right now hang in there. >> i think that is exactly right. certainly last year in the fiscal deficit negotiations, we were upset when he caved in the end of the day. this time he is sticking with it drawing the line in the sand. they are saying capital and income from capital should be taxed the same way we tax earned income....
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Dec 8, 2012
12/12
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does the top rate have to end the 39.6% the way it was under bill clinton? could be democrats accept something between if it was coupled with a reduction in the ability on the top 2% to except a reduction of deductions? >> i do not want to second-guess what we might decide. i do not think that is what we should debate the right now. multimillionaires and what deductions they can take is something different. this is where we are. >> that is in addition to. >> yes, in addition to. the problem with having that debate now suggests that that is all we have to do is find that a hundred dollars billion, and we are done. -- find that $8 billion dollars and we are done. we get it from spending cuts shia we believe there needs to be revenue coming in. there have to be investments for economic competitiveness and economic growth. this is not just rhetoric. it is how we do tax policy. which is how we make investments and how we deal with those families in the video worried about debt and higher education and retirement. >> on the tax side, as part of the adults of a sol
does the top rate have to end the 39.6% the way it was under bill clinton? could be democrats accept something between if it was coupled with a reduction in the ability on the top 2% to except a reduction of deductions? >> i do not want to second-guess what we might decide. i do not think that is what we should debate the right now. multimillionaires and what deductions they can take is something different. this is where we are. >> that is in addition to. >> yes, in addition...
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Dec 10, 2012
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. >>> and could hillary clinton be presented with an offer she can't refuse? "early today" starts right now. >>> this is "early today" for monday, december 10, 2012. >>> hey there, good morning to you. i'm veronica de la cruz. right now residents in the midwest are waking up to the heaviest snow in months. highway closures and around 150 flight cancelations and delays at minneapolis, st. paul's airport, this morning. bill karins tracking the weather. what does it look like now? >> old man winter crashed the party this weekend. without a doubt. we were off to a warm period of weather throughout the country. now all the cold air up in canada and alaska has rushed to the south behind the storm. most of the snow was over with. light stuff and flurries minneapolis, green bay, light snow left for you. but the big story is the cold air that's behind this. if you're shoveling or snowplowing, it's miserable. the storm is heading east. instead of going due east or redeveloping off the coast, it's heading to quebec. it's dragging warm air up the eastern seaboard. it's on
. >>> and could hillary clinton be presented with an offer she can't refuse? "early today" starts right now. >>> this is "early today" for monday, december 10, 2012. >>> hey there, good morning to you. i'm veronica de la cruz. right now residents in the midwest are waking up to the heaviest snow in months. highway closures and around 150 flight cancelations and delays at minneapolis, st. paul's airport, this morning. bill karins tracking the...
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Dec 5, 2012
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mayor clinton. >> mayor chelsey clinton. >> jennifer: you think hillary clinton would be interested in being mayor? >> no, as great as new york is, i think it would feel like a demotioning to from traveling the world as secretary of state to dining the fine restaurant of new york. i think they'll vote in quinn. >> jennifer: karl, let me follow up with you. there is a new york democrat nate shinigoa who lost his race, but he received a letter from hillary clinton, and he posted it on his facebook. and she's in fact in that letter encouraging him to keep on fighting in the political website, saying that is new for clinton. do you think she's building support for a presidential campaign? >> i don't think she's building support to go on a nice long vacation. >> jennifer: i totally agree. >> which is probably what she's going to do, take a break while her team puts everything together. it's smart politics congratulating, and offering condolences to anyone who lost. i think it's pretty normal. i think it's usual that a candidate would put it up for the world to see but i think it's a smart t
mayor clinton. >> mayor chelsey clinton. >> jennifer: you think hillary clinton would be interested in being mayor? >> no, as great as new york is, i think it would feel like a demotioning to from traveling the world as secretary of state to dining the fine restaurant of new york. i think they'll vote in quinn. >> jennifer: karl, let me follow up with you. there is a new york democrat nate shinigoa who lost his race, but he received a letter from hillary clinton, and he...